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    Foundations of Financial Management Study Set 6
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    Exam 20: External Growth Through Mergers
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    Many of the Mergers That Occurred in the Late 1970s
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Many of the Mergers That Occurred in the Late 1970s

Question 37

Question 37

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Many of the mergers that occurred in the late 1970s occurred because of the relatively low values that the market accorded to many firms that were considered to be of high quality.

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